Can I Stop SIP Anytime and Withdraw Money

Yes, you can stop SIP anytime and withdraw.

[{"selector":"#anim-ae6dd20e-57fd-428a-95a8-fe7d50b17b6a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e4c9aa4-3e81-4761-8c1f-ad52e846237f","keyframes":{"transform":["translate3d(0px, 164.69133%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

But there are some mutual funds in which you cannot withdraw money like ELSS MF, Childeren saving scheme.

[{"selector":"#anim-bed9fcce-8af7-426e-9667-81b0157f618f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6fb0e6d2-4a08-4636-9632-4ed0710d750e","keyframes":{"transform":["translate3d(118.21193%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

But there are some mutual funds in which you cannot withdraw money like ELSS MF, Childeren saving scheme.

[{"selector":"#anim-2b8f46ba-e53c-4244-85ec-28389da13b5e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f0b386da-942e-4dc2-ac0b-d85502741a35","keyframes":{"transform":["translate3d(0px, -339.50622%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

You can not withdraw but you can stop and cancel.

[{"selector":"#anim-0c062cb4-91dd-453d-b9f5-5db3238d4bd9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-87d74e4c-eb41-4bb9-8359-bdd14ec3b178","keyframes":{"transform":["translate3d(0px, -709.13569%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Can i stop ELSS before 3 years

[{"selector":"#anim-47ed3455-51e1-4e69-9586-a12af3d18211","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-95260f13-7eb5-446d-a95a-4dfb512fb255","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] If the ELSS mutual fund is not performing to your satisfaction you can cancel it anytime.

You can take Loan against mutual fund also if you need urgent money.

[{"selector":"#anim-b1c299d5-dfb6-44b1-9bcf-d412c4b18f86","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Mutual funds are all subject to market rate, read the documents before investing.

[{"selector":"#anim-8552a237-a0fa-47a3-8577-3fd43cb24905","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c9a803d7-9895-453b-a6cd-9fd7a64b8ec5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.374999829338595%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

What if I invest 1000 Rs in SIP for 20 years?

Can I Stop SIP Anytime and Withdraw Money

Yes, you can stop SIP anytime and withdraw.

But there are some mutual funds in which you cannot withdraw money like ELSS MF, Childeren saving scheme.

But there are some mutual funds in which you cannot withdraw money like ELSS MF, Childeren saving scheme.

You can not withdraw but you can stop and cancel.

Can i stop ELSS before 3 years

You can take Loan against mutual fund also if you need urgent money.

Mutual funds are all subject to market rate, read the documents before investing.

Disclaimer

What if I invest 1000 Rs in SIP for 20 years?